The Home Depot Incorporated announced a regular quarterly dividend of $0.59 per share, a 26 percent increase from the prior rate of $0.47 per share. The dividend will be paid at the new higher rate on March 26, 2015 to shareholders of record at close of business on March 12, 2015.
Analysis of Valuation of The Home Depot Inc. (Symbol HD).
Home Depot is trading at the top of its average price/sale (P/S) range. Home Depot is trading below its average dividend yield range.
|Price 2/25/15||% Yield||5 Year Div. Growth Rate||SPS 2015||P/S Ratio||10 yr P/S Low||10 yr P/S High||5 yr max Yield %||5 yr lowest Yield %|
The Home Depot Inc. Dividend Yield Chart (Click to enlarge)
Explanation: Dividend growth stocks may be valued upon historical relative price/sales and current yield analysis. Dividend stocks trading at a low historical price/sales (P/S) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/S ratio stocks. Max P/S price target is based upon company reaching its highest historical P/S ratio. Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years.
Further information on evaluating dividend growth candidates can be found